Hey everybody, I’m working on my first deal with is a house flip and I’m wondering if I’d be better off keeping it a year due to tax implications. To the people that have done flips out there...don’t I have to pay sel...
We're starting the process for getting our Airbnb going, so we need to jump through Denver's hoops. Out of the gate I have a question... Do we register for the Lodger's Tax ID License, STR Business License, etc. as a...
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
I'm in the middle of purchasing a older property. Its a duplex with a detached 3 car garage with an apartment on top.. so 3 doors...
The home is 102 years old. Seller was selling it for 290k, He settled for 250k.
I...
LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...
Hello My Name is Eric and I am going to invest in rental real estate but I need to know what type of entity to form. I believe I know the legal end of it which is to protect my assets, I think I need more help on t...
I read an article that stated two year W2 income is becoming less important then in past is this a myth or doesn’t it depends on the bank?
I found what seems to a great deal for a potential rental property here in my home town. The only thing is that the house as an in-ground pool in the yard.
If anyone could give me some advice on the advantages and d...
Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...
Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.
Question...